Aluminum association of India joins hands with Italian associations

The MoU for industrial cooperation would be signed in January, 2018

GN Bureau | November 29, 2017


#MoU   #Aluminium Association of India   #AAI   #ASSOMET   #PSU  

Aluminium Association of India (AAI) and Italy’s leading aluminium association ASSOMET & AMAFOND will soon sign a pact for investing in a joint venture in the proposed Aluminium park at Angul being developed by NALCO and Odisha Industrial Infrastructure Development Corporation (IDCO).

A delegation led by consul general of Italy Damiano Francovigh had a discussion for industrial cooperation and collaboration between Aluminium Industries of India & Italy with NALCO CMD and AAI chairman Tapan Kumar Chand at Bhubaneswar.

“With large bauxite reserves and presence of major aluminum players like NALCO, Hindalco and Vedanta, Odisha is considered to be the aluminium capital of India. Global firms should come forward for investing in joint ventures with up-stream and down-stream units” Chand said.

The MoU would be signed during the next visit of the Italian Industry delegation in January, 2018.

Comments

 

Other News

Bank loan recovery in recent years has mirrored Hindu rate of growth

At the outset, for those who are not familiar with the nomenclature ‘Hindu Rate of Growth’, it refers to the low economic growth in post-independent India till the 1990s, when several economic liberalisation measures were undertaken. Till the 1990s, the growth rate was around 4%, which accelera

“Indian Navy needs more capabilities to build ships”

As India faces increasing threats from China and Pakistan on sea, Vice Admiral Ajendra Bahadur Singh, Flag Officer Commanding-in-chief (FOC-in-C), Western Naval Command, has said that the Indian Navy needs to scale up its capabilities and have more budgets allocated. Speaking to members of t

Mumbai issues strict guidelines for home quarantine of all international passengers

In view of the emerging threat of the new coronavirus variant, Omicron, the BrihanMumbai municipal corporation (BMC) Saturday issued strict guidelines for surveillance of all international travellers arriving in the metro and especially those from ‘at risk’ nations. Outlining SO

Omicron: Maharashtra revises travel guidelines

A day after the union health secretary wrote to it that its order on SOPs for air travellers was in divergence with guidelines issued by the MoHFW, GoI in view of the Omicron threat, the Maharashtra government on Thursday revised its guidelines for passengers arriving in the state. Issuing

Omicron: Centre asks Maharashtra to follow uniform guidelines

With the threat of Omicron, the new variant of the coronavirus, looming large, the union health ministry has written to the Maharashtra government to align orders issued by the state with the ministry’s guidelines for uniform implementation. The state government in its order dated Nove

Central Railways runs over 800 Kisan Railway trips

To ensure bigger access to farm produce and provide new markets with quick transportation and subsidy at 50%, the Kisan Rail has been bringing prosperity, joy, and hope to farmers of Maharashtra. On November 28, the Central Railway ran its 800th  trip of Kisan Rail from Sangola to Muzaffarpur.

Visionary Talks: Dr. Naresh Trehan, CMD Medanta Heart Institute with Kailashnath Adhikari



Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter